Costs for football clubs
Of course if we speak about football as a business and about football club as a company we need to consider its costs and sources of revenue, because each company have to generate profit as its main goal. We can consider main costs trends on example of the Premiere League of England. There is a list of main costs for each football club: · Transfer costs (Incredibly high in the latest season, but only 5% increase expected in the next transfer period, it was a transfer-boom, because of the new rules of financial fair-play next season) · Player’s wages (In the latest season wages were rising at a rate of 10 percent, Deloitte estimated)
In 2009-10, wages grew 5 per cent in the Premier League to more than £1.4bn, and by 6 per cent in the Championship to £357m. Over four years, Championship wages have grown at double the rate of revenue growth, Deloitte said. Dan Jones of Deloitte said: “This is a crunch time across English football.” Wages were “the · Other costs (Stadium, operational costs, flights, etc.)
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biggest concern. That is the one area that really sticks out.”[1]
